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ThredUp Files for IPO as Vestiaire Collective Chronicles Resale Revolution

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According to a new report from Vestiaire Collective and BCG, resale is poised to grow by 15-20 percent over the next five years.
According to a new report from Vestiaire Collective and BCG, resale is poised to grow by 15-20 percent over the next five years.
CREDIT: Vestiaire Collective/Boston Consulting Group

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

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The resale renaissance is still going strong—and one of the industry’s biggest players is making moves. On Wednesday, online fashion resale platform ThredUp announced that it is taking steps to go public. The Bay Area company confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC) regarding a proposed…

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